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This was on the back of an 81 per cent rise in revenue to S$323.5 million from S$178.5 million, which GuocoLand attributed mainly to progressive revenue recognition of residential projects in Singapore and Malaysia.
Earnings per share for the quarter were 16.09 Singapore cents, up from 12.79 cents in the year-ago period.
A first and final dividend of seven Singapore cents was proposed, consistent with the previous two financial years.
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